Arvada, Colorado is a moderately-sized city with a population of 113,532 inhabitants. If we take a look at the last Census, the vast majority of the population falls within one racial group (91% White). Given that fact, Arvada could be considered less diverse than other cities. Arvada has a high percentage of people who are married with children when compared to the rest of the country. In total, more than 78% of the population are classified as married and 62% have kids.
Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Arvada could be a positive experience compared to other cities in Colorado if you know where to search. With useful information like amenities, crime, cost of living, employment, housing and other key data points, finding the best places to live in Arvada and in the areas around Arvada is a much easier task.
Using data and statistics Arvada has received a livability score of 70 out of 100. This score is ranked in the 61st percentile when compared to all other cities. Based on the rankings for each individual category, Arvada has been rewarded with high marks for amenities (A+). Arvada does not fare well for the following: cost of living (D-), weather (D) and education (F). It might be wise to take a closer look at each category to find out why.
Arvada real estate prices and overall affordability will play a huge role in determining if the area is the right fit for you. Of course there are probably some other items on your “wish list”, but even before they are considered, let’s take a look at the home prices and affordability in Arvada. The median home price for Arvada homes is $278,100, which is 5.1% higher than the Colorado average. If we take a closer look at the affordability of homes in Arvada, we’ll see that the home price to income ratio is 3.9, which is 7.1% lower than the Colorado average. Year over year appreciation rates for homes in the Arvada area were 5.9% and the 5 year appreciation rates came in at 11.9%. Why is this important? Knowing the appreciation rates for any area is a quick and easy way to determine if you will see a solid return on your investment.
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